Helikon Investments Ltd Sells 245,366 Shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN)

Helikon Investments Ltd cut its position in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) by 30.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 564,536 shares of the utilities provider’s stock after selling 245,366 shares during the period. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima makes up 2.5% of Helikon Investments Ltd’s portfolio, making the stock its 11th biggest holding. Helikon Investments Ltd’s holdings in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima were worth $24,224,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 73.7% in the 4th quarter. GAMMA Investing LLC now owns 1,596 shares of the utilities provider’s stock valued at $68,000 after buying an additional 677 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima during the fourth quarter valued at $101,000. JPMorgan Chase & Co. lifted its holdings in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima by 3.4% during the third quarter. JPMorgan Chase & Co. now owns 79,299 shares of the utilities provider’s stock worth $1,757,000 after purchasing an additional 2,610 shares during the period. Walleye Capital LLC bought a new stake in shares of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the third quarter worth $237,000. Finally, Quadrature Capital Ltd acquired a new stake in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in the third quarter valued at $260,000. 1.64% of the stock is owned by institutional investors and hedge funds.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Stock Up 0.9 %

Shares of NYSE:EDN opened at $36.45 on Monday. The firm has a market cap of $1.65 billion, a P/E ratio of 7.09 and a beta of 1.42. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a 12-month low of $13.78 and a 12-month high of $51.69. The business has a fifty day simple moving average of $40.89 and a 200 day simple moving average of $28.57. The company has a quick ratio of 0.69, a current ratio of 0.82 and a debt-to-equity ratio of 0.15.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Profile

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is involved in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur SA.